US Manufacturing Ticks Up

POSTED BY insyte

June 1st, 2018

Photo: S. Howes, LLC, Silver Creek, NY

The Institute for Supply Management ‘s PMI Index rose 1.4 points to 58.7 in May indicating manufacturing expanded for the 109th month in a row. Of the 18 manufacturing sectors reporting, 16 registered growth in May. However, this report essentially pre-dates any impact from trade tariffs that went into effect at the end of the month. See the full report here.